Accounting for Managers: Interpreting accounting information for decision-making

How Cost Accounting Distorts Product Costs The traditional cost system that defines variable costs as varying in the short-term ...

258 ACCOUNTING FOR MANAGERS Full vs. variable cost Despite the importance of cost information, disagreement still exists about w ...

HOW COST ACCOUNTING DISTORTS PRODUCT COSTS 259 modifications to the resulting estimated prices occurred when direct competition ...

260 ACCOUNTING FOR MANAGERS Power Costs Indirect Labor Factory Supplies ... Power Costs Cost Center 1 Cost Center 2 Cost Center ...

HOW COST ACCOUNTING DISTORTS PRODUCT COSTS 261 different products on the firm’s production and marketing resources. But these co ...

262 ACCOUNTING FOR MANAGERS of the material in the product, the greater the material-handling costs associated with those produc ...

HOW COST ACCOUNTING DISTORTS PRODUCT COSTS 263 The output of a support department consists of the activities its personnel perfo ...

264 ACCOUNTING FOR MANAGERS after a setup or changeover. Thus, while the support departments are engaged in a broad array of act ...

HOW COST ACCOUNTING DISTORTS PRODUCT COSTS 265 the low-volume products as the most profitable, while the strategic cost analysis ...

266 ACCOUNTING FOR MANAGERS with assigning material-related overhead on the basis of the total number of different parts used, a ...

HOW COST ACCOUNTING DISTORTS PRODUCT COSTS 267 hand, will not suffer from the same handicap. Their cost systems, while equally p ...

268 ACCOUNTING FOR MANAGERS transactions to order, schedule, receive, inspect, and pay for shipments; to move, track, and count ...

HOW COST ACCOUNTING DISTORTS PRODUCT COSTS 269 A second, and even more important, objective of the colloquium was to begin the p ...

270 ACCOUNTING FOR MANAGERS Robin Cooper is an associate professor of business administration at the Harvard Business School and ...

Reading B Otley, D. T., Broadbent, J. and Berry, A. J. (1995). Research in management control: An overview of its development.Br ...

272 ACCOUNTING FOR MANAGERS Otley, D. (2001). Extending the boundariesof management accounting research: Developing systems for ...

Research in Management Control: An Overview of its Development David Otley∗, Jane Broadbent†and Anthony Berry‡ ∗Lancaster Univer ...

274 ACCOUNTING FOR MANAGERS an imperfect reflection of management models of control. Hofstede (1968) offers an early survey of t ...

RESEARCH IN MANAGEMENT CONTROL 275 which lead to overall goal specification and attainment. This can be seen primarily as the pl ...

276 ACCOUNTING FOR MANAGERS thing! Further, Machin argues that research in MCSs, led, as it was, by qualified accountants, made ...